---
ticker: "OVM"
name: "Overlay Shares Municipal Bond ETF"
url: "https://etf.net/etf/OVM"
grade: "B"
score: 57
graded_at: "2026-10-12"
category: "Index Option Income"
category_rank: "12 of 25"
methodology: "https://etf.net/methodology"
---

# OVM: Overlay Shares Municipal Bond ETF

Grade **B**, Score 57 of 100. Rank 12 of 25 in Index Option Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 50 | 13 of 25 |
| Mission | Not scored | — |
| Risk | 60 | 9 of 25 |
| Tradability | 43 | 16 of 25 |
| Holdings | 100 | 1 of 19 |
| Durability | 52 | 15 of 25 |

## Top holdings

The fund holds 1 positions. These are the largest 1, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | MUB | iShares National Muni Bond ETF | 100.00% |

Source: etf.net, https://etf.net/etf/OVM. Please cite the page URL.